Independent Bank Corp.INDBNASDAQ
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Debt to Assets Over Time
Trending lower, slight contraction.
Left:
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Debt-to-assets ratio
Latest
0.04
Near historical average
Average (9y)
0.03
Historical baseline
Range
High:0.06
Low:0.01
CAGR
-3.0%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 0.04 | -42.5% |
| 2023 | 0.06 | +971.7% |
| 2022 | 0.01 | -21.2% |
| 2021 | 0.01 | -45.6% |
| 2020 | 0.01 | -48.4% |
| 2019 | 0.03 | -42.1% |
| 2018 | 0.05 | +14.7% |
| 2017 | 0.04 | -8.0% |
| 2016 | 0.04 | -8.8% |
| 2015 | 0.05 | - |